The Mayors Fund To Advance New York City

Organization Overview

The Mayors Fund To Advance New York City is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Mayors Fund To Advance New York City employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mayors Fund To Advance New York City is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Mayors Fund To Advance New York City generated $19.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (37.1%) each year. All expenses for the organization totaled $20.4m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (32.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Mayors Fund To Advance New York City has awarded 17 individual grants totaling $895,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MAYOR'S FUND TO ADVANCE NEW YORK CITY SERVES AS THE PRIMARY VEHICLE FOR NEW YORK CITY'S BUSINESS, FOUNDATIONAL AND PHILANTHROPIC COMMUNITIES TO ENGAGE CITY GOVERNMENT, CONTRIBUTE TO PUBLIC PROGRAMS AND ENHANCE OUR CITY'S ABILITY TO SERVE ITS RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MAYOR'S FUND, IN PARTNERSHIP WITH MAYOR'S OFFICE OF YOUTH EMPLOYMENT, SECURED A $1.5 MILLION GRANT THAT WILL EXPAND THE IMPLEMENTATION OF TWO STEM-RELATED INITIATIVES OVER THE NEXT 3 YEARS, EXPLORING FUTURES AND COLLEGE NOW FOR CAREERS, SERVING MIDDLE AND HIGH SCHOOL STUDENTS.


THE MAYOR'S FUND, IN PARTNERSHIP WITH THE DEPARTMENT OF CONSUMER AFFAIRS OFFICE OF FINANCIAL EMPOWERMENT, AND THE MAYOR'S OFFICE FOR PEOPLE WITH DISABILITIES SECURED $50,000 FROM THE TAFT FOUNDATION FOR EMPOWERED NYC TO EXTEND FINANCIAL COUNSELING SERVICES TO NEW YORKERS WITH DISABILITIES. THE NEW YORK CITY SOCCER INITIATIVE (NYCSI), A MAYOR'S FUND PARTNERSHIP WITH ADIDAS, NYC FOOTBALL CLUB, U.S. SOCCER FOUNDATION, AND ETIHAD AIRWAYS, TO PROMOTE PHYSICAL HEALTH, YOUTH DEVELOPMENT, AND COMMUNITY ENGAGEMENT THROUGH SOCCER, COMPLETED ITS FIFTH YEAR. IN 2022, NYCSI HOSTED ITS FIRST COMMUNITY CUP, A CELEBRATORY 5V5 TOURNAMENT ON THE 50 NYCSI-CONSTRUCTED BLUE MINI-PITCHES WITH YOUNG PEOPLE IN ALL FIVE BOROUGHS.THE MAYOR'S FUND LAUNCHED MORE THAN A ROOF, WHICH PROVIDED FUNDING FOR THE FOLLOWING PROGRAMS: - IN PARTNERSHIP WITH THE NYC HUMAN RESOURCES ADMINISTRATION, THE MAYOR'S FUND PROVIDED 460 TARGET GIFT CARDS TO NYC HRA'S OFFICE OF DOMESTIC VIOLENCE CLIENTS, TRANSITIONING IN AND OUT OF SHELTER, FOR EVERYDAY ESSENTIALS LIKE CLOTHING, TOILETRIES AND SELF-CARE PRODUCTS TO HOUSEHOLD SUPPLIES, EDUCATIONAL MATERIALS, AND TECHNOLOGY. - IN PARTNERSHIP WITH THE UNITY PROJECT, THE MAYOR'S FUND WORKED WITH AN LGBTQ+ SERVING VENDOR TO PROVIDE DIRECT CASH ASSISTANCE TO 80 VULNERABLE NEW YORKERS HARDEST HIT BY THE COVID-RELATED ECONOMIC CRISIS. - IN PARTNERSHIP WITH THE MAYOR'S OFFICE OF CRIMINAL JUSTICE, THE MAYOR'S FUND GRANTED FUNDING TO A NONPROFIT WORKING TO ENHANCE WORKFORCE DEVELOPMENT AND LIFE SKILLS PROGRAMMING THAT SUPPORT SUCCESSFUL REENTRY FOR WOMEN, INCLUDING AN IN-HOUSE ENTREPRENEURSHIP TRAINING, A TECHNOLOGY LITERACY CURRICULUM, AND CAREER MENTORSHIP. DURING THE YEAR ENDED JUNE 30, 2022, THE FUND'S TOTAL NET POSITION DECREASED BY $2,579,222, OR 14%, FROM THE PREVIOUS YEAR DUE TO THE FOLLOWING CHANGES IN REVENUE AND EXPENSES: DURING THE YEAR ENDED JUNE 30, 2022, TOTAL CONTRIBUTIONS AND GRANTS WERE $18,794,547, AN INCREASE OF $911,103, OR 5%, FROM THE YEAR ENDED JUNE 30, 2021. DURING THE YEAR ENDED JUNE 30, 2022, TOTAL EXPENSES WERE $20,692,769, A DECREASE OF $7,522,710, OR 27%, FROM THE PREVIOUS YEAR.


THE CONNECTIONS TO CARE (C2C) PROGRAM, IMPLEMENTED 2016 TO 2021, INTEGRATED MENTAL HEALTH SUPPORT AT COMMUNITY-BASED ORGANIZATIONS (CBOS) SERVING LOW-INCOME AND AT-RISK POPULATIONS.. IN FY22 CBO PARTNERS IDENTIFIED STRATEGIES TO SPREAD AND REPLICATE THE LESSONS OF C2C AND SUSTAIN THE MENTAL HEALTH INTEGRATION MODEL.


THE TWIN PARKS FIRE, ON 1/9/22 IN THE BRONX, IMPACTED 158 HOUSEHOLDS. THE MAYOR'S FUND RAISED $4.4 MILLION TO SUPPORT VICTIMS, AND CONTRACTED WITH BRONXWORKS TO PROVIDE CASE MANAGEMENT SERVICES ($1M) AND DISTRIBUTE $3M IN CASH ASSISTANCE. THE REMAINING FUNDS ARE BEING USED TO SUPPORT OTHER EMERGENCY NEEDS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Sheena Wright
Chair
$0
Bill Heinzen
Vice Chair
$0
Gary Jenkins
Director
$0
Dawn Pinnock
Director
$0
Marcella J Tillett
Co-Executive Director (3 Months)
$53,751
Mir Bashar
Treasurer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Nyc Department Of Youth And Community De
Youth And Community Development Programs
$7,782,615
Usio Inc
Payment Data Systems
$2,054,599
Helen Keller International
Health Care
$870,744
Quennell Rothschild & Partners Llp
Architect Services
$701,640
Bronx Works Inc
Human Services
$2,034,875
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $700,000
All other contributions, gifts, grants, and similar amounts not included above$18,501,140
Noncash contributions included in lines 1a–1f $49,736
Total Revenue from Contributions, Gifts, Grants & Similar$19,201,140
Total Program Service Revenue$0
Investment income $216,408
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $19,417,548

Grants Awarded

Over the last fiscal year, The Mayors Fund To Advance New York City has awarded $150,000 in support to 3 organizations.

Grant RecipientAmount

HOPE PROGRAM

PURPOSE: CONNECTIONS TO CARE

$50,000

RED HOOK INITIATIVE

PURPOSE: CONNECTIONS TO CARE

$50,000

THE DOOR

PURPOSE: CONNECTIONS TO CARE

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Quincy Community Action Programs Inc
Quincy, MA
$46,800,938
Community Action Pioneer Valley Inc
Greenfield, MA
$43,069,645
St Nicks Alliance Corp
Brooklyn, NY
$42,381,816
Citizens For Citizens Inc
Fall River, MA
$41,325,730
The Community Action Organization Of Western New York Inc
Buffalo, NY
$36,768,953
Blueprints
Washington, PA
$34,472,345
South Shore Community Action Council Inc
Plymouth, MA
$32,523,801
National Council For Community Development Inc
New York, NY
$35,945,507
Champlain Valley Office Of Economic Opportunity Inc
Burlington, VT
$29,030,321
Core Services Group Inc
Brooklyn, NY
$11,964,805
Hopes Community Action Partnership Incorporated
Hoboken, NJ
$28,378,106
Community Health Programs Inc
Great Barrington, MA
$30,364,166
Economic Opportunity Council Of Suffolk Inc
Patchogue, NY
$23,572,665
Community Development Corporation Of Long Island Inc
Melville, NY
$21,886,256
Westchester Community Opportunity Program Inc
Elmsford, NY
$19,368,197
Veterans Inc
Worcester, MA
$23,466,512
The Mayors Fund To Advance New York City
New York, NY
$19,417,548
Northern Manhattan Improvement Corp
New York, NY
$21,517,316
Integrated Community Alternatives Network Inc
Utica, NY
$24,434,723
Chautauqua Opportunities Inc
Dunkirk, NY
$20,429,175
Usw District 10 Local 286 Welfare Trust Fund
Philadelphia, PA
$19,600,161
Cypress Hills Local Development Corporation Inc
Brooklyn, NY
$18,937,282
Phipps Neighborhoods Inc
New York, NY
$18,079,167
Pennreach
Allentown, NJ
$16,540,528
Painters District Council No 4 S U B Fund
Cheektowaga, NY
$17,072,135

Create an account to unlock the data you need.

or